Operatives of the Economic and Financial Crimes Commission (EFCC) on Wednesday arrested the Director, Finance, and Account of the Niger Delta Development Commission (NDDC), Mr. Eno Ubi Otu.
Otu is being grilled with regards to an alleged N25billion fraud.
It is alleged that the finance director played a role in the diversion of over N25bn tax remittances.
The suspect who arrived at the Commission in the early hours of Wednesday, August 24, 2022, was still being interrogated as of press time.
A source disclosed that the arrest was part of a larger investigation of the forensic audit report of the NDDC.
The spokesman of the Commission, Mr. Wilson Uwujaren, could not be reached for confirmation.
President Muhammadu Buhari in 2019 ordered a forensic audit of the NDDC’s operations from 2001 to 2019.
While receiving the audit report, Abubakar Malami, attorney-general of the federation, said the federal government was concerned about the way funds have been spent on the region, adding that “approximately N6 trillion” was given to the commission within the period under review.
In May 2022, the EFCC also grilled Nsima Ekere, former managing director of NDDC.
The circumstances leading to Ekere’s invitation by the commission were said to be linked to him allegedly benefitting from contract funds from projects dating back to 2017.
Ekere was the MD of the NDDC between 2017 and 2018.
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